Martinsx Posted June 5, 2018 Share Posted June 5, 2018 If you are observant of how the cryptocurrency exchange market is going, you would realize that over the past few weeks or a month, the price of Bitcoin is falling. It was close to $9000 by March this year but now it's at $7,455. What could be the cause of this fall? Would Bitcoin still keep falling in this manner or would it appreciate soon enough? Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/ Share on other sites More sharing options...
Kakashi2020 Posted June 7, 2018 Share Posted June 7, 2018 I think Bitcoin is still settling down after a big rally last year. Right now it's price is still a little wobbly but I think that it would settle soon after which it would start to appreciate again by July or August, climbing to new heights until November. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1118 Share on other sites More sharing options...
Henrywrites Posted June 7, 2018 Share Posted June 7, 2018 12 hours ago, Kakashi2020 said: I think Bitcoin is still settling down after a big rally last year. Right now it's price is still a little wobbly but I think that it would settle soon after which it would start to appreciate again by July or August, climbing to new heights until November. That is the reason we should start buying coins right now as we can see that we are going to gain more in the future. Many panic sellers are now going to sell and I am watching out for it. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1129 Share on other sites More sharing options...
Martinsx Posted June 8, 2018 Author Share Posted June 8, 2018 23 hours ago, Kakashi2020 said: I think Bitcoin is still settling down after a big rally last year. Right now it's price is still a little wobbly but I think that it would settle soon after which it would start to appreciate again by July or August, climbing to new heights until November. Yes probably, you are very correct. A lot of variables affected the cryptocurrency last year and early this year, so I believe that it's the reason why the digital currency is still unsettled at the moment with its erratic up and down in price. But definitely in a no distant time, it's going to settle well and stable. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1137 Share on other sites More sharing options...
Kakashi2020 Posted June 8, 2018 Share Posted June 8, 2018 2 hours ago, Martinsx said: Yes probably, you are very correct. A lot of variables affected the cryptocurrency last year and early this year, so I believe that it's the reason why the digital currency is still unsettled at the moment with its erratic up and down in price. But definitely in a no distant time, it's going to settle well and stable. I think that if Bitcoin would stabilize this year then it's very safe to invest in it, a lot of investors are waiting for its price to become stable and when it becomes stable, I'll bet that it's price would soar to new heights, it would double and triple it's current price if not higher. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1140 Share on other sites More sharing options...
Steve5 Posted June 8, 2018 Share Posted June 8, 2018 I think bitcoin will grow as well. Though, it might take some time. It's currently unstable due to different factors. Lots of investors are closely watching its price change. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1143 Share on other sites More sharing options...
fishbate Posted June 8, 2018 Share Posted June 8, 2018 Its basically supply and demand that's why these currencies are very popular. Everyone can see that it's really moving, this means that people are into it or transactions using bitcoin is very much alive. I think the value of bitcoin today is quite normal and its still high. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1146 Share on other sites More sharing options...
Henrywrites Posted June 8, 2018 Share Posted June 8, 2018 4 hours ago, Steve5 said: I think bitcoin will grow as well. Though, it might take some time. It's currently unstable due to different factors. Lots of investors are closely watching its price change. We are all watching the adjustments in prices for I'm hopeful that it is going to be a way for us to get better and make some gains by buying more coins at the end. Some of the traders are always forced to sell off when the price is low. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1148 Share on other sites More sharing options...
Martinsx Posted June 9, 2018 Author Share Posted June 9, 2018 On 6/7/2018 at 9:29 PM, Henrywrites said: That is the reason we should start buying coins right now as we can see that we are going to gain more in the future. Many panic sellers are now going to sell and I am watching out for it. The price has fallen too much to rush into massive buying @Henrywrites in my opinion at the moment. Yes, it's true there is a slight fall in the price but it's still expensive at $7,666 plus. Let's wait for a more favorable rate and then we go into more buying. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1155 Share on other sites More sharing options...
Steve5 Posted June 9, 2018 Share Posted June 9, 2018 15 hours ago, Henrywrites said: We are all watching the adjustments in prices for I'm hopeful that it is going to be a way for us to get better and make some gains by buying more coins at the end. Some of the traders are always forced to sell off when the price is low. That's true. I see lots of opportunities for those who are looking to earn more with bitcoins. Maybe you'll get what you're waiting for in terms of value increase. Just have to keep updated with it. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1156 Share on other sites More sharing options...
Martinsx Posted June 10, 2018 Author Share Posted June 10, 2018 On 6/8/2018 at 11:40 AM, Kakashi2020 said: I think that if Bitcoin would stabilize this year then it's very safe to invest in it, a lot of investors are waiting for its price to become stable and when it becomes stable, I'll bet that it's price would soar to new heights, it would double and triple it's current price if not higher. There is no doubt that when the price of Bitcoin and other cryptocurrency stabilizes, it's going to skyrocket thereby increasing the investors profit making in trading the coin. But at the moment, it's not what we have as the price of Bitcoin is still dropping and going up. This morning it's $7,213. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1168 Share on other sites More sharing options...
Kakashi2020 Posted June 10, 2018 Share Posted June 10, 2018 49 minutes ago, Martinsx said: There is no doubt that when the price of Bitcoin and other cryptocurrency stabilizes, it's going to skyrocket thereby increasing the investors profit making in trading the coin. But at the moment, it's not what we have as the price of Bitcoin is still dropping and going up. This morning it's $7,213. I think the price of Bitcoin is still swinging widely because of shifting investor confidence and at the same time due to profit making but it would eventually setttle down. I really though that it has already settled and that the price is starting to go uptrend but again I was mistaken. That's to show how unpredictable Bitcoin really is. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1170 Share on other sites More sharing options...
Steve5 Posted June 10, 2018 Share Posted June 10, 2018 1 hour ago, Kakashi2020 said: I think the price of Bitcoin is still swinging widely because of shifting investor confidence and at the same time due to profit making but it would eventually setttle down. I really though that it has already settled and that the price is starting to go uptrend but again I was mistaken. That's to show how unpredictable Bitcoin really is. It can be a good thing for investors. It all depends on what happens. But it being unstable can give way for big profits if done right. This is what makes bitcoin famous. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1171 Share on other sites More sharing options...
Martinsx Posted June 11, 2018 Author Share Posted June 11, 2018 On 6/8/2018 at 1:23 PM, Steve5 said: I think bitcoin will grow as well. Though, it might take some time. It's currently unstable due to different factors. Lots of investors are closely watching its price change. Most times cryptocurrency are affected by lots of factors just like you pointed out, it might be from activities of the government of several states as we see that some countries don't agree and accept the use of cryptocurrency. So therefore, all these things that affect the price of Bitcoin. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1183 Share on other sites More sharing options...
Steve5 Posted June 11, 2018 Share Posted June 11, 2018 I wonder if people can predict the next big change. It's as if investors are hoping for the big price shift. At this point, I'm sure anything can happen. Bitcoin has the potential to change how we use money. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1184 Share on other sites More sharing options...
Martinsx Posted June 12, 2018 Author Share Posted June 12, 2018 On 6/8/2018 at 5:10 PM, fishbate said: Its basically supply and demand that's why these currencies are very popular. Everyone can see that it's really moving, this means that people are into it or transactions using bitcoin is very much alive. I think the value of bitcoin today is quite normal and its still high. At the moment, Bitcoin price isn't not stable, as from my close study on the ups and down in the worth of the cryptocurrency, it's still dropping. This morning the price just dropped from $7,231 to $6,822. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1198 Share on other sites More sharing options...
Kakashi2020 Posted June 12, 2018 Share Posted June 12, 2018 On 6/11/2018 at 4:50 PM, Steve5 said: I wonder if people can predict the next big change. It's as if investors are hoping for the big price shift. At this point, I'm sure anything can happen. Bitcoin has the potential to change how we use money. It's really scary since the price of Bitcoin seems to be falling, it's now at $6.8K, a few days ago it's in the $7K level. I for one believed that it won't depreciate that low, I really thought that it was settling down to about $7.5K range before it goes up again. Now it's falling downwards and has depreciated to $6.8K WoW! It's price movement is very erratic and hard to predict. But if we look at the big picture, with its appreciation over the years I really think that it will still appreciate, the question is when and by how much? 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1199 Share on other sites More sharing options...
Steve5 Posted June 12, 2018 Share Posted June 12, 2018 27 minutes ago, Kakashi2020 said: It's really scary since the price of Bitcoin seems to be falling, it's now at $6.8K, a few days ago it's in the $7K level. I for one believed that it won't depreciate that low, I really thought that it was settling down to about $7.5K range before it goes up again. Now it's falling downwards and has depreciated to $6.8K WoW! It's price movement is very erratic and hard to predict. But if we look at the big picture, with its appreciation over the years I really think that it will still appreciate, the question is when and by how much? That's how it is. You can't really predict it due to the volatile nature of bitcoin. But somehow investors can gain more if they play their cards right. People know how to make use of such opportunities. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1205 Share on other sites More sharing options...
EfficientNinja Posted June 12, 2018 Share Posted June 12, 2018 I'm just waiting for my buy signal before I buy Bitcoin. I'm checking the price daily to see if it already hit my buy criteria. Right now, I'm just making more money so I will have more volume once Bitcoin goes on another bull run. 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1210 Share on other sites More sharing options...
Martinsx Posted June 13, 2018 Author Share Posted June 13, 2018 On 6/8/2018 at 5:26 PM, Henrywrites said: We are all watching the adjustments in prices for I'm hopeful that it is going to be a way for us to get better and make some gains by buying more coins at the end. Some of the traders are always forced to sell off when the price is low. Exactly, you have a good point there. There are panic sellers as well as panic buyers, but in my opinion it's better to be a panic buyer than a panic seller, you are most likely to earn more than lose by being a panic buyer. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1218 Share on other sites More sharing options...
Kakashi2020 Posted June 13, 2018 Share Posted June 13, 2018 The Bitcoin price is still dropping, it's price is at $6.5k today down by $200 plus since yesterday and about $1.3k since last week. This is maybe because of the recent heist in south Korea where about £27.8 million of the virtual coins were stolen. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1221 Share on other sites More sharing options...
Steve5 Posted June 13, 2018 Share Posted June 13, 2018 22 hours ago, EfficientNinja said: I'm just waiting for my buy signal before I buy Bitcoin. I'm checking the price daily to see if it already hit my buy criteria. Right now, I'm just making more money so I will have more volume once Bitcoin goes on another bull run. I hope you get what you're aiming for. Bitcoin represents people who are trying to profit from digital currency. Things are looking up if you know how to make the most of the situation. Good luck! Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1227 Share on other sites More sharing options...
Martinsx Posted June 14, 2018 Author Share Posted June 14, 2018 On 6/12/2018 at 10:48 AM, Kakashi2020 said: It's really scary since the price of Bitcoin seems to be falling, it's now at $6.8K, a few days ago it's in the $7K level. I for one believed that it won't depreciate that low, I really thought that it was settling down to about $7.5K range before it goes up again. Now it's falling downwards and has depreciated to $6.8K WoW! It's price movement is very erratic and hard to predict. But if we look at the big picture, with its appreciation over the years I really think that it will still appreciate, the question is when and by how much? It's really getting to a point where some people are considering selling their Bitcoin because with the everyday drop in the price of the cryptocurrency is a thing of worry because no one is sure if the price is going to stabilize or keep dropping or appreciate. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1237 Share on other sites More sharing options...
Steve5 Posted June 14, 2018 Share Posted June 14, 2018 7 minutes ago, Martinsx said: It's really getting to a point where some people are considering selling their Bitcoin because with the everyday drop in the price of the cryptocurrency is a thing of worry because no one is sure if the price is going to stabilize or keep dropping or appreciate. It can be a good thing. It depends on how you plan to use your bitcoins. Being unpredictable gives others a chance to make strategic moves that can earn them money instead of only those who are smart with their money. Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1240 Share on other sites More sharing options...
EfficientNinja Posted June 14, 2018 Share Posted June 14, 2018 16 hours ago, Steve5 said: I hope you get what you're aiming for. Bitcoin represents people who are trying to profit from digital currency. Things are looking up if you know how to make the most of the situation. Good luck! I do hope so because I'm not an expert yet when it comes to technical analysis. I am continuously learning about trading and reading news about cryptocurrency. Thanks! 1 Quote Link to comment https://slingbank.com/forums/topic/678-bitcoin-price-falling/#findComment-1241 Share on other sites More sharing options...
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